Hackensack (N.J.) University Medical Center was asked to “review the acquisition” of Mountainside Hospital in Montclair, N.J., but has decided not to partake in the opportunity, according to a Montclair Times report. The 365-bed Mountainside is currently owned by Merit…
Transactions & Valuation Issues
The commissioners of Jefferson Healthcare Hospital in Port Townsend, Wash., have unanimously approved an affiliation with Swedish Medical Center in Seattle, according to a Port Townsend & Jefferson County Leader report. The deal will go into effect Dec. 1. A…
Ocoee, Fla.-based Health Central is making progress in its sale to Orlando Health, as executives from both systems completed a $177 million asset purchase agreement, according to the report.Health Central has made the document accessible to the public on its…
Fort Wayne, Ind.-based Parkview Health has signed a letter of intent to acquire long-term acute-care Vibra Hospital of Fort Wayne, according to a Parkview news release.
University of Pittsburgh Medical Center wants the public to see the details of a proposed pact between Pittsburgh-based Highmark and West Penn Allegheny Health System, and it has made a federal court filing to move that request forward, according to…
Advertisement
A group of former board members that oversaw the Colorado Health Foundation have sued Colorado Attorney General John Suthers after he approved a sale to transfer 40 percent ownership to the foundation’s for-profit partner, HCA/HealthOne, according to a Denver Post…
New York's Albany Medical Center, Saratoga Hospital Break Ground on Joint Venture Urgent Care Center
Albany (N.Y.) Medical Center and Saratoga Hospital in Saratoga Springs, N.Y., broke ground on a joint-venture urgent care center in Malta, N.Y., according to an Albany Medical Center news release.
Ontario, Calif.-based Prime Healthcare Services is now the lender for bankrupt Hawaii Medical Center and may also take over the operations of the hospital, according to a Pacific Business News report. On Monday, Prime replaced MidCap Financial as the lender…
Franklin, Tenn.-based Community Health Systems has announced that one of its subsidiaries has formed a definitive agreement to acquire Roswell (N.M.) Regional Hospital, according to a CHS news release. The deal is expected to close during the first quarter of…
The Rhode Island Department of Health has reportedly deemed Landmark Medical Center’s application to merge with Boston-based Steward Health Care incomplete, according to a news blog from Rhode Island NPR reporter Megan Hall. A spokesperson from the DOH was unable…